HomeMy WebLinkAboutRESOLUTION 1996-61Suggested by:
Acting Finance DireCtor
City of Kenai
RBBOLUTION NO. 96-6~
THE COUNCIL OF THE CITY OF KENAI, ALASKA',
A RESOLUTION OF
MAKING ZNTER-DEPARTH~27TAL TRANSFERS ZNTHE GENERAL FUND,'
BOATING FACILITY FUND, WATER AND SEWER FUND, AND AIRPORT.'r
LAND FUND TO ACCOMMODATE CHANGES IN THE FY97 BUDGET.
WHEREAS, at the time the City budget was approved, the City
Council was unaware of some budgeting adjustments that were
needed due to proposed changes in accounting for annual
leave and an increase of health insurance costs; and
WHEREAS, these budget adjustments can be made without an
additional appropriation of funds.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
KENAI, ALASKA, that the following budget transfers be made~
General Fund
Clerk - Salaries $ 2,908
Clerk - Leave <2,908>
Clerk - Health Insurance 1,797
Attorney - Salaries 7,039
Attorney - Leave <7,039>
Attorney - Health Insurance 2,892
City Manager - Salaries 5,248
City Manager - Leave <5,248>
City Manager - Health Insurance <296>
Finance - Salaries
Finance - Leave
Finance - Health Insurance
12,467
<12,467>
3,185
Planning & Zoning -
Planning & Zoning -
Planning & Zoning -
Salaries
Leave
Health Insurance
1,902
<1,902>
<296>
Safety -
Safety -
Safety -
Salaries
Leave
Health Insurance
1,451
<1,451>
2,078
Police - Salaries 11,804
Police - Leave <47,340>
Police - Health Insurance 6,688
Resolution No. 96-61
Page Two
Fire Salaries 33,05I.'
- $<49,336>
Fire - Leave 16,525
Fire - Health Insurance
Communications - salarieS' i" '.' 14,548:
Communications - Leave" ' -:.'.. :. <17,2-2'6>
Communications - Health insurance 10,667
Animal Control salaries 4,5~8
<4,578>
Animal Control Le&Ve ': ......
Animal Control Health Insurance 2f785
Public Works - Salaries
Public Works - Leave
Public Works - Health insurance
Shop - Salaries
Shop - Leave
Shop - Health Insurance
streets - Salaries
streets - Leave ·
Streets - Health Insurance.
Buildings ' Salaries ~
Buildings ' Leave
*Buildings ' Health insurance
Library - Salaries
Library - Leave
Library - Health Insurance
Recreation - Sal&ries .'
Recreation - Leave
Recreation - Health 'Insurance.
11,71'0
<11,710>
136
8,904
<8,904>
2,969
13,762
<13,669>
303
4,966
<4,966>
1,979~
9,930
<9,930>
2,195
8,g44
<8,94'4>
<44>
Parks - Salaries
Parks - Leave
Parks - Health Insurance
3,233
<3,233>
842
~oatina Facilit~
Salaries
Overtime
Leave
Health Insurance
1,350
<468>
<1,350>
468
Resolution No. 96-61
Paqe Three
.Water .and Sewer
.Water - salaries water - Leave.
Water - Health Insurance'.
Sewer - salaries
'sewer - Leave. ".
Sewer - Health Insurance.
STP - salaries .
STP - Leave
STP - Health Insurance
Air~ort Land M A 0 - Salaries
M & 0 - Leave
M & 0 - Health Insurance
..294. ". '
.,. 120...
<7,36Z>'
<1,220>
2, '744
<2."395>
<349>
Administration- Salaries
Administration - Leave
Administration - Health Insur, anoe
6,693
<5,996>
<69?>
21 .. day of August, 1996.
Approved by Finance: .
(8/15/96) kl
CITY OF KENAI.
210 FIDALGO AVE., SUITE 200 KENAI, ALASKAe9611.T'/M
TELEPHONE
FAX 907-283.~014
TO:
THRU:
FROM:
DATE:
SUBJECT:
Kenai City Councilmembers .~l
Cary Graves, Acting City Managert~
Robin Feltman, Acting Finance Directo~
August 15, 1996
Resolution Changing the FY97 Budget
The attached resolution corrects some deficiencies found in the
FY97 budget for personnel services.
When the budgets were prepared, the salaries budgets were
decreased by the corresponding value of leave an employee might
take during the year. That leave value was then budgeted in
the annual leave expenditure account. This resulted in
underbudgeting salaries and overbudgeting annual leave.
The annual leave expense for the City is not the amount of
leave a person may take during the year, but rather the value
of the leave the City gives each employee as a benefit. At the
end of the fiscal year, the value of each employee's leave
balance on the books is recorded in a liability account
(according to GAAP) for use in the future.
In recalculating these figures, I have found in most cases we
can move the amount of money needed to fully fund salaries from
the annual leave account and still have an adequate annual
leave budget.
For some unknown reason, the police and fire annual leave
budgets were overbudgeted by about $50,000 cumulatively. This
greatly helps us out in the next phase of this resolution.
Shortly after the FY97 budget was approved it came to our
attention that the health insurance premiums increased by an
average of 12.5%. The budget was prepared using the previous
year's premium, and not allowing for any changes in family
status.
I have increased the health insurance budgets in all
departments to a level that is still conservative, but
realistic. By using the excess money budgeted in the police
and fire annual leave accounts, I was able to accomplish this
adjustment in the general fund departments without an
additional appropriation of funds.